keepup
601 Andrews Ave
Score
75
Metairie, LA

601 Andrews Ave

450K
3 bd • 2 ba • 1,560 sf

Educational Use Only — NOT professional advice. See terms

Property Overview

List Price
$450,000
+13%vs 70005
Price/Sq.Ft
$288
+32%vs 70005

Price Analysis

How the list price compares to AI estimate

within range

List Price

$450,000

$445k
$450k
AI Estimated Range
$450,000
-20% Below+20% Above

AI estimates this property's value between $445,000 - $450,000 based on comparable sales and condition (Confidence: 70%). Educational analysis only, not a professional appraisal or valuation.

Market Data Points

3 data points for educational exploration

*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*

Offer Analysis

AI-generated starting point for educational purposes

Data Coverage: High

AI Suggested Starting Point

$445,000

Targets the lower end of recent sale outcomes observed between $445,000 and $450,000.

How This Was Calculated

The offer reflects needed repairs and market conditions. The high DOM and seller's price reductions indicate motivation. The market's buyer-friendly environment supports this strategy.

AI-generated educational analysis. Not professional advice, an appraisal, or a recommended offer. Consult licensed agents and attorneys for negotiation strategies.

AI Analysis Score
74
80
Home Condition
85
Natural Light
82
Market Data
58
Location

*AI scoring for educational purposes only. Scores are subjective and not professional evaluations. Consult licensed professionals for property assessments.*

Visual Insights

AI-analyzed spaces with reimagining capabilities

Weathered Deck Boards
Weathered Deck Boards

Weathered Deck Boards

Deck boards show signs of weathering and potential rot, requiring maintenance or replacement.

Yellow Laundry Room Walls
Yellow Laundry Room Walls

Yellow Laundry Room Walls

The yellow paint color in the laundry room is dated and may not appeal to all buyers.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$450,000
-30%List: $450,000+30%
20%
$90,000of $450,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,890/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$120,375
Closing Costs
+$30,375
Down Payment
$90,000
Buyer Agent Fee
$11,475
Loan Fees
$3,600
Title & Escrow
$2,700
Inspections
$900
Transfer Tax
$4,950
Prepaid Expenses
$6,750

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Data Buyer Power
Market Speed
99 days
vs 96 day average
This home has been listed for 99 days, while homes in this area typically sell in 96 days
Inventory Health
112
homes for sale
31 homes sold last month, indicating 3.6x more supply than demand
Price Dynamics
95.0%
of asking price
Homes typically sell for 5.0% below asking price

*Market analysis for educational purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*

Price Trajectory

$489,000
Current median price
-0.8%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests stability
Prices are up 0.8% over the last 3 months
3 Months
+0.8%
6 Months
+6.3%
1 Year
-0.8%

Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Home sales increasing 55.4% over the past 3 months suggests stronger seller position.

Historical Comparison
Current Value
$489,000
3 Months Ago
$360,000
+35.8%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$450,000
Price/sqft
$288
Layout
3 bd2 ba
Days on market
99 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$324,133

38.8%

Your price is 38.8% above average

Median Price

$333,300

35.0%

Based on 6 recent sales

Price per Sq.Ft

$217

32.9%

Your price is 32.9% above average $/sqft

Comparable Properties

861 W WILLIAM DAVID Parkway, Metairie, LA 70005
Price: $380,000
Sq.Ft: 1,518
Beds/Baths: 3/2
$/Sq.Ft:
$25013.2%
Sale Date: 7/13/2025
1459 ARIS Avenue, Metairie, LA 70005
Price: $280,000
Sq.Ft: 1,468
Beds/Baths: 3/2
$/Sq.Ft:
$19133.9%
Sale Date: 7/6/2025
1201 FOCIS Street, Metairie, LA 70005
Price: $408,500
Sq.Ft: 1,564
Beds/Baths: 3/2
$/Sq.Ft:
$2619.5%
Sale Date: 6/4/2025
816 ANDREWS Avenue, Metairie, LA 70005
Price: $263,000
Sq.Ft: 1,703
Beds/Baths: 3/2
$/Sq.Ft:
$15446.5%
Sale Date: 6/20/2025
523 BEVERLY GARDEN Drive, Metairie, LA 70001
Price: $280,000
Sq.Ft: 1,476
Beds/Baths: 3/2
$/Sq.Ft:
$19034.2%
Sale Date: 5/23/2025
501 ANDREWS Avenue, Metairie, LA 70005
Price: $333,300
Sq.Ft: 1,300
Beds/Baths: 3/2
$/Sq.Ft:
$25611.1%
Sale Date: 6/30/2025

Schools

Details about nearby schools in this area

Neighborhood Mobility

How easily you can get around with or without a car

Scores are out of 100. Higher scores indicate better accessibility. Data provided by Walk Score®.

Climate Risks

Assessment of climate-related hazards for this property

Major Risk Profile

This property has 0 severe, 3 major, and 0 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Inspect the foundation for cracks, settling, or signs of water damage, especially around the perimeter and in the basement (if applicable).

Test all electrical outlets and switches to ensure they are working properly. Look for any signs of loose wiring or overheating.

Inspect the roof for missing, damaged, or curling shingles. Look for any signs of leaks or water damage in the attic.

Check the carbon monoxide and smoke detectors to ensure they are working and properly located.

Educational Questions

Sample questions for educational purposes

Given the 'Severe' flood risk, what specific flood mitigation measures are in place, and what has been the highest flood level reached on the property?

The listing mentions a new HVAC in 2025. Can you provide documentation of the installation, including warranty information and the SEER rating?

Were any permits pulled for the kitchen and bathroom renovations, and were they properly inspected and signed off by the local authorities?

Are there any known issues with the plumbing or electrical systems, such as leaks, faulty wiring, or outdated components?

Has a termite inspection been performed recently, and can you provide a copy of the report?

Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.

Property Discussion

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